South Carolina § 11-50-30 - South Carolina Rural Infrastructure Authority; creation; governance; purpose; fund.
Full text of South Carolina South Carolina Code of Laws § 11-50-30 — South Carolina Rural Infrastructure Authority; creation; governance; purpose; fund., with citation guidance and answers to common questions.
§ 11-50-30. South Carolina Rural Infrastructure Authority; creation; governance; purpose; fund.
(A) There is created a body corporate and politic and an instrumentality of the State to be known as the South Carolina Rural Infrastructure Authority.
(B) The authority is governed by a board of directors as provided in this chapter.
(C) The corporate purpose of the authority is to select and assist in financing qualified rural infrastructure by providing loans and other financial assistance to municipalities, counties, special purpose and public service districts, and public works commissions for constructing and improving rural infrastructure facilities. The exercise by the authority of a power conferred in this chapter is an essential public function.
(D) The authority shall establish and maintain the South Carolina Rural Infrastructure Fund into which monies for the purposes of the authority must be deposited.
HISTORY: 2010 Act No. 171, SECTION 1, eff May 26, 2010.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 11-50-30
What does South Carolina Code of Laws § 11-50-30 cover?
Section 11-50-30 ("South Carolina Rural Infrastructure Authority; creation; governance; purpose; fund.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 11-50-30?
A common citation format is "South Carolina Code of Laws § 11-50-30" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 11-50-30 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.